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    10-09-2020

    Eversheds Sutherland sponsors Open Banking Excellence, supporting financial services innovation 

    Eversheds Sutherland has joined forces with Open Banking Excellence (OBE), the world’s leading platform and voice for Open Banking and digital banking pioneers, as a community sponsor.

    OBE supports those involved in open banking and open finance – including fintechs, banks, regulators and BigTechs – by providing a global platform for collaboration and exchange of technical, regulatory and legal insights into Open Banking, Open Finance and, eventually, an Open Life.

    Ranked in the top tier by legal industry directory, Legal 500, Eversheds Sutherland’s market-leading fintech and digital payments practice provides advice to financial institutions, challenger banks, start-ups and numerous investors in the sector, across a range of specialisms including: corporate; regulatory (such as PSD2), FCA approvals, GDPR and other apposite legislation; ICOs, cyber-crime, and disputes concerning digital finance platforms, consumers and the provision of digital products.

    Philip James, Partner, Global Privacy & Cyber Security Group, Eversheds Sutherland said: 

    “The regulatory framework surrounding both financial services and data privacy is evolving into a new era. This brings challenges and opportunities in the digital financial services sector. As OBE’s official legal partner, we are looking forward to working closely with OBE to combine its community network and insight with Eversheds Sutherland’s legal and industry expertise to bring enhanced benefits to our clients and those members and partners within OBE’s global network.”

    Richard Jones, Partner, Head of Payment Services & Open Banking, Eversheds Sutherland said: 

     “Our financial services, technology, and data practices are already uniquely positioned to help clients navigate this evolving regulatory landscape. By partnering with OBE, we are now able to leverage OBE’s network and the wider ecosystem to deliver the very best opportunities for our clients and to support innovation in financial services.”

    Helen Child, co-founder and CEO of OBE, has welcomed its latest community sponsor, saying:

    “Eversheds Sutherland is a truly global firm with renowned specialisms in payments, fintech, data privacy and Open Banking. We are delighted to have them as one of our sponsors to bring their extensive legal expertise to our sector and members.”

    Eversheds Sutherland advises numerous key clients within the fintech space including banks, issuers, acquirers, AISPs, PISPs and technical service providers.

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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